Somerset County  »  08876  »  Somerset St  »  31 Somerset St

31 Somerset Street, Somerville, NJ 08876 - Property report

Also known as: 31 Somerset St

Property image for 31 Somerset Street, Somerville, NJ 08876
static Mapbox map

Property type

Commercial (4A)

Acreage

0.22

Sale price

$2,450,000

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
31 Somerset Street
ZIP code
08876
County
Somerset
Block
124.01
Lot
4
Municipality
1818
Qualifier
Parcel ID
124.01-4

Owner

Find out who owns 31 Somerset Street, Somerville, NJ 08876. Uncover corporate and individual owners with a free account.

Sales
Sale date
03/19/2012
Sale price
$2,450,000
Arm's length
Tax
Tax year
2026
Current property tax
$6,983
Building
Property type
Commercial (4A)
Exterior structural material
Lot
Acreage
0.22
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
71 /100.  Very Walkable
Transit score
0 /100.  Minimal Transit
Bike score
43 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 31 Somerset Street, Somerville, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 31 Somerset Street, Somerville, NJ 08876

Sale date Sale price Buyer name Seller name
03/19/2012 $2,450,000 XXX XXXXX XXXXXXXXXX,XXX XXX XXXXXXXXXX,XXX
06/06/2006 $3,900,000 XXX XXXXXXXXXX, X.X.X XXXXXXX, XXXXX X. & XXXXX X

*Most recent sales on record for this property.

More about Somerset County property records.

Title documents

No recently recorded documents for this property.

Property taxes for 31 Somerset Street, Somerville, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$6,983
Recent tax assessments
Market value
$171,200
Land value
$159,800
Building value
$11,400

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $171,200 $171,200 4.079 $6,983 +3.19%
2024 $171,200 $171,200 3.953 $6,768 +2.36%
2023 $171,200 $171,200 3.862 $6,612 +2.69%
2022 $171,200 $171,200 3.761 $6,439 +0.64%
2021 $171,200 $171,200 3.737 $6,398 +2.10%
2020 $171,200 $171,200 3.66 $6,266 +0.69%
2019 $171,200 $171,200 3.635 $6,223 +1.08%
2018 $171,200 $171,200 3.596 $6,156 +2.10%
2017 $171,200 $171,200 3.522 $6,030 +4.23%
2016 $171,200 $171,200 3.379 $5,785 +1.35%

Permit information for 31 Somerset Street, Somerville, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
23,380
Median age
39.6
Average household income
$152,500
Family households
61.0%
People per household (average)
2.33
Occupied housing units
9,885
Owner-occupied units
61.1%
Median year structure built
1969
Median value mortgaged units
$488,300
Median value unmortgaged units
$477,200

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 31 Somerset Street, Somerville, NJ 08876 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

When was 31 Somerset Street, Somerville, NJ 08876 last sold and what was the sale price?

31 Somerset Street, Somerville, NJ 08876 was last sold on 03/19/2012 for $2,450,000.

What is the assessed value of 31 Somerset Street, Somerville, NJ 08876?

31 Somerset Street, Somerville, NJ 08876 is currently assessed at $171,200.

What are the property taxes for 31 Somerset Street, Somerville, NJ 08876?

The property taxes for 31 Somerset Street, Somerville, NJ 08876 total $6,983.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account